This paper joins in the debate on the size of the middle class in Latin America, providing an analysis of its structure and characteristics. Using several measurements, it finds that 40-60 percent of Latin American households are middle class, a share which has consolidated over the past decade....

This paper sets out basic information on the middle class in eight Latin American countries over the last two decades. The middle class is identified as people living in households with income per capita between $10 and $50 per day, adjusted for purchasing power parity. This income-based...

This document presents a systematic review of empirical approaches to the identification and measurement of the middle class as the concept is used in the applied literature. It then presents an arguably less arbitrary definition of the middle class which is based on sound principles of...

This document presents a systematic review of empirical approaches to the identification and measurement of the middle class as the concept is used in the applied literature. It then presents an arguably less arbitrary definition of the middle class which is based on sound principles of...

This paper aims to understand why and by how much perceptions of social ranking differ from objective rankings based on self-reported income. It focuses on the middle class because persons of all income levels show a strong bias towards identifying themselves as middle class. Using a rich...

Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard & Poor's, is talking about it. But these conversations about what are arguably the most significant changes in the distribution of incomes and earnings since the 1940s are leading...

Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income...